Iran may lose biggest oil buyer in India to Russia’s Rosneft August 10, 2016 // 1 Comment Essar Oil Ltd., Iran’s biggest oil buyer in India, is getting ready to lower import purchases from the Persian Gulf nation [...]
Iran looking to long-term oil purchase contracts with European clients August 8, 2016 // 4 Comments Iran is currently working on a plan that guarantees long-term crude oil purchases by its European clients in a [...]
Petronas considers delaying Canadian LNG project August 5, 2016 // 2 Comments Concerns about oversupply and cheap competing fuels has pushed Malaysia’s state oil company to consider delaying a [...]
Jamaica to pay its Venezuela oil debts with food, medicine August 3, 2016 // 2 Comments Jamaica has recently announced that it will be paying its oil debts to Venezuela with food, medication and fertilizers [...]
Libya reopens four ports, resumes oil exports August 1, 2016 // 2 Comments A new agreement to reopen the ports of RasLanuf, Zuwetina, Es Sidra and Bregain Libya has been signed by the country’s [...]
Alfa Laval appoints Essem as oil and gas agent for Malaysia August 1, 2016 // 2 Comments Essem Corporation has been chosen by Alfa Laval as equipment sales, parts and services agent for the oil and gas and marine [...]
Shell makes Fort Sumter deepwater discovery in Gulf of Mexico July 29, 2016 // 1 Comment A new deepwater exploration discovery in the Gulf of Mexico has been made by Shell. The Fort Sumter well’s recoverable [...]
Iran should upgrade workforce competency to increase production, – survey July 27, 2016 // 1 Comment An exclusive one-day event, organized by Lloyd’s Register, was held at the NITC in Tehran, Iran where 130 senior oil and [...]
Sabic and ExxonMobil petrochem jv feasibility on US Gulf coast July 26, 2016 // 0 Comments Sabic and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical [...]
Indicators show oil industry in danger of ‘weakening’, says report July 25, 2016 // 1 Comment Several indicators are already showing signs of the oil industry ‘weakening’ if major oil companies continue to operate [...]